Timestamps: 0:26: 3 Big Myths About Real Estate Investing 4:50: This is What Makes Real Estate Investing So Powerful 07:35: How to Get Started in Real Estate Investing 30:52: Is Real Estate a Great Hedge Against Inflation? 34:19: When Should You Start Investing in Real Estate? 39:56: Should You Save Up For Real Estate Using Index Funds? 43:49: How Much Should You Spend on a Home Remodel? 49:44: Is Buying a Duplex as a First Home a Good Idea? 52:29: Should I Sell or Rent My Condo When I Move? 57:19: What Should We Do With the Extra Money After Selling Our Home?
@Glooberloob6 ай бұрын
as someone who has listened to at least one episode of this show per month since 2021, it's amazing to realize how much the quality of the show has increased when i realize this was only one year ago
@moneymanagement242 жыл бұрын
I'm so proud of you, with 245,000 subscribers. I have been an early supporter. You nearly doubled your subscriber account in one year.
@tylerblack58387 ай бұрын
One year later and it has doubled again!
@alexr39502 жыл бұрын
Bo “im really excited about this show” Hanson
@seanmurphy75572 жыл бұрын
I believe paid for rental property is one of the best long term investments, this is a great stream of income once you have all your other buckets taken care of
@BG-qs6ii Жыл бұрын
My current plan is to rent our primary home after we upgrade in 7-10 years. Trying to get the home paid for first, two bed two bath in Arlington VA in a nice neighborhood. Biggest thing for us is to make sure that we have enough to upgrade and keep the property.
@danequeed41292 жыл бұрын
I love real estate, I'm glad you guys finally made an episode about it!
@charleslemaire81372 жыл бұрын
I very much enjoy the Money Guys; I like the way they tell the whole story, not just a tease. When it comes to vast topics of R.E., it's not possible to cover it all in an hour. Most folks think of single family, but there is also multifamily (apts), RV parks, short term rentals, hotels, storage, residential assisted living, offices, agriculture, and many more. I can share my story, but it is not the only story! My wife dragged me into a meeting in 2010 and I liked passively investing in MF. We paid a mentor and trained for 6 month (and continue to learn), so that part is not passive. Some fellow (the GP) finds an apartment complex, analyzes it, puts a bid on it, then starts lining up LPs, his investors (that would be me and a bunch of others like me). NOTE: if you are bring money to the table, you need money! If you are talented in RE, you can possibly bring that to the table.
@jeffcombs64552 жыл бұрын
Can you guys touch on what's better, REITs or rentals?
@huskiefan062 жыл бұрын
I personally wouldn't want to live in the same property as my tenants because it's just weird. No privacy. Constant badgering by tenants. Pass!
@justintx752 жыл бұрын
I can see where tenants have 24/7 access to your front door
@joshlanders2 жыл бұрын
You could compartmentalize and most importantly pick the best tenants for the situation.
@huskiefan062 жыл бұрын
@@joshlanders But how does one know beforehand which tennants are the problems, even if they have good credit? What about Karens?
@NickVetter2 жыл бұрын
I started studying for my SIE exam!
@jdenino60222 жыл бұрын
If you get a bad tenant you could be screwed though. I owned a 2 family house in a NYC outer borough in the 80's and 90's and some of the tenants were a real pain in the butt. However we never had the apartment vacant for more than a month. Apartments are in demand in NYC.
@user-pf2ll4ck7f2 жыл бұрын
I am living in a unit and I want to upgrade to a house in three years. I live in a remote town in Australia where the property value won’t go up but the rent is very high.
@craigb44492 жыл бұрын
Excellent show! I drank all the Koop Aid on blended up the “brochure” and made a real estate smoothie. Well it’s been a compete disaster. HGTV and all these KZbinrs in influencers are lying. There are SO many costs you have to account for behind the scenes. The “no money down” is compete BS. I used a “program” that has the slogan “50k in 90 days.” Well Im ok month 20 of a flip that is set to close Monday…HOPEFULLY! I’ve incurred over $50k in holding costs, a fired contractor, plus several thousand extra to say the least. The biggest thing that took a toll was my mental health and marriage
@xxpowwowbluexx2 жыл бұрын
Why didn’t y’all take into account the fact that (1) you are still potentially paying the mortgage each month, so you have more $ in the investment than the initial $30K and (2) you still owe the remainder on the mortgage when you get ready to sell, which you have to pay to the lender, so your actual rate of return in reality is likely a lot less than what y’all calculated?
@joefisher11222 жыл бұрын
Question about the sale of my primary residence. I bought the house over 5 years ago in a short sale. I was single at the time. Since then the house has appreciated a good amount. Recently I got married and we are looking to start a family and upgrade the house. Since I'm the only one on the deed will I be capped at 250k on the capital gains break or since we are now married and filing jointly will that go up to 500k...or is there a time limit that she needs to live here to get the added amount
@joefisher11222 жыл бұрын
Honestly it won't make a huge difference, most I see us making on the house is 250k.
@waterdd12 жыл бұрын
@@joefisher1122 I thought your new spouse would have to live in the home for 2 years , as well, before you claim the $500k exemption. But I could be wrong.
@gaflyer68952 жыл бұрын
Plan on using my VA home loan for a fourplex.
@InvestingBookSummaries2 жыл бұрын
It will likely be the best financial choice you will make in your life. Screen properly and have lots of cash reserves. Best of luck!
@logandean72 жыл бұрын
Honestly I just want Pete Dunns take on this. He is the best.
@sstrongman16672 жыл бұрын
I know Bryan has touched on a vacation home with friends that they rented out that didnt turn out as expected. Do yall have any insight on true short term rental investing? Not treating it as a personal vacation home, but as a true investment property.
@greenlantern19862 жыл бұрын
How old is this episode? 55,500 on the subscriber counter.
@glove88842 жыл бұрын
XD
@spbennett882 жыл бұрын
Definitely older, but still valuable information. No reason to reinvent the wheel with a brand new video about the same topic, I suppose.
@Danny...2 жыл бұрын
Yeah I didn't catch it till he said inflation was 2 - 3% 😂
@MoneyGuyShow2 жыл бұрын
Greatest hits since I was in Paris with the family this week 👍 - watch a few minutes and you will see how consistent our guidance is and how we have built wealth with real estate in the right way.
@dietbajablast57902 жыл бұрын
@@MoneyGuyShow LAME... nice humblebrag btw.
@roggiedale2 жыл бұрын
Since I have the skills to refurnished property and a wife willing to get right end there with me. We have made a fare passive income with excellent tax write off. That covers all of our expenses and then some. But we put up with and struggled alot. Harder than your average person is will to do. The pay off is it make money still in down turn and 100 percent net came alot sooner. We also have never bought a property we will sale until much later in life.
@sanan222 жыл бұрын
is it worth selling a part of your stock portfolio to cover a minimum requirement for a mortgage loan?
@kb1drums2 жыл бұрын
If you can’t pay your mortgage then do what you must.
@adamjanecke18072 жыл бұрын
I bet the money guys would say, depends on your financial goals.
@arh12342 жыл бұрын
I would sell from a brokerage account. Not from retirement accounts. You're just shifting part of your investment strategy from stocks to real estate.
@tb.68842 жыл бұрын
You didn’t touch on farm and ranch, is there a reason for that?
@tomhenry94852 жыл бұрын
Just curious do y’all own rental real estate?
@MoneyGuyShow2 жыл бұрын
Yep 👍- was purchased after step 7 of FOO was achieved.
@victoradeniran33292 жыл бұрын
At 13:45 they mentioned that after 150k in income you can't take the deduction anymore. What did they mean?
@waterdd12 жыл бұрын
Following…
@sjohnny82212 жыл бұрын
It means that you can no longer take a loss up to $25,000 on real estate activity if you are an active investor. So, the loss will carryover until you profit if your income is too high.
@mid1103002 жыл бұрын
For leverage investments, what are your thoughts on options vs real estate?
@reddropash2 жыл бұрын
I've always wondered what is the ticker in the background that currently reads 55500 measuring?
@owlegrad2 жыл бұрын
Subscriber count at time of recording
@cooperparts2 жыл бұрын
Wait one year that is all you need to know
@derrickjohnson52192 жыл бұрын
Exactly it's not just tenants, toilets and taxes!And most importantly a business!Passive can be good but it's not great.I think greatness comes from how much and how many people you help!Try 20k for back up money and the bank still looks at you crazy 😦🤣🤣
@oliviatuffin11442 жыл бұрын
As the economic crisis keep rising, one needs to have different streams of income, It keeps dipping. That's what you get when you feel you can navigate the process on your own. Big thanks to Mrs. Amela Friedman. I'm not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profits
@matthill65172 жыл бұрын
I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.
@stileslam2 жыл бұрын
Please any information on how i can get intouch with Mrs Amela.?
@oliviatuffin11442 жыл бұрын
@@stileslam
@oliviatuffin11442 жыл бұрын
@@stileslam tradewithamela✔
@gabriellouise37632 жыл бұрын
KZbin has been of great help to many facing challenges of making best decisions on what to invest in, but its enough cause most people dont understand what they watch. Many need professional aid that Offers best plans to better create wealth.
@Kevin-ec2hv2 жыл бұрын
Finally
@13Laynie2 жыл бұрын
What the sweater vest? And Brian is wearing a sweater too? Isn't it summer? Weird
@uniclarke49792 жыл бұрын
I think this may be an episode from years ago.
@duneme2 жыл бұрын
Absolutely NOT Passive!
@dustyarne75032 жыл бұрын
Everything is going up except job wages. The end result will be the low and middle class working to pay their bills and nothing else, like a bunch of slaves. so please provide me more tips and hints on how to outperform the market and earn from option
@Gabby-tt4mf2 жыл бұрын
The sad thing about inflation is that even when you get it under control the damage is done and those prices never go back down. It's easy to be an investor during the good times. It's hard to be an investor during the hard times.
@brock72542 жыл бұрын
Getting in touch with an investment broker was how I was able to outperform the market and raise a profit of $240k since Feb. For me, its the most ideal way to jump into the market these days
@dustyarne75032 жыл бұрын
@@brock7254 This is really impressive, who is this broker?
@brock72542 жыл бұрын
@@dustyarne7503 Look online for Susan Denise Vargason. she is very competent.
@Conquerchronicillness2 жыл бұрын
What part of the country are you in? Wages are going up here in California. The job market is so tight, employers are competing for candidates